Laffer Tengler Investments CEO Nancy Tengler discusses Oracle’s revenue and earnings, the AI arms race and more on ‘The Claman Countdown.’ A new design from luxury fashion house Chanel is raising eyebrows, with some critics wondering if high fashion has gone a step too far. Chanel unveiled its Cruise 2027 collection Tuesday in Biarritz, France,…
Mark Zuckerberg, CEO of Meta Platforms. David Paul Morris | Bloomberg | Getty Images Alphabet‘s stock surged more than 5% on Thursday, while Meta shares plunged 10%, as investors digested first-quarter earnings results, which included plans to up the ante on artificial intelligence spending. It is pacing to be Meta’s worst day since October 2025…
Meta Platforms (META) stock fell early Thursday after the company announced plans to increase its AI spending, partially as a result of higher input costs, which overshadowed another beat on the top and bottom line for the social media giant. The company reported first quarter earnings on Wednesday that showed profits beat forecasts, with earnings…
Enrique Lores, then-CEO of Hewlett-Packard speaks on CNBC outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC PayPal CEO Enrique Lores has this week told managers that he is reorganizing the firm’s reporting lines to separate Venmo, the popular mobile payments app, from the company’s other operations, CNBC…
U.S. Treasury Secretary Scott Bessent breaks down Operation Economic Fury and the pressure against the Iranian regime on ‘Kudlow.’ Treasury Secretary Scott Bessent said the United States’ maximum economic pressure campaign on Iran has sent the regime into “crisis” during an appearance Wednesday on “Kudlow.” The effort, known as Operation Economic Fury, is aimed at…
April 30, 2026, 6:43 a.m. CT The Sioux Falls business scene is bustling, showcasing a dynamic blend of new ventures, expansions and next chapters that reflect the city’s ever-evolving economic landscape. Staying in the know about it all can prove challenging for the city dubbed the fastest-growing in the Midwest since 2020. The Argus Leader is…
Anthropic is weighing a funding round that would value the ​Claude maker at over $900 billion, Bloomberg ‌News reported on Wednesday, citing people familiar with the matter. Source link
“It does seem as though escalation in the war is back on the table, be it in the guise of the US continuing its blockade in Iran, but also reports and rumours that in order to get out of this bind, Iran may start to strike again,” said Naveen Das, senior oil analyst at Kpler….
For years, DribbleUp, a sports equipment company, spent its own time and resources figuring out whom it should advertise its basketballs and soccer balls to on Facebook. But for the last two years, it has placed those ads entirely through Facebook’s artificial intelligence tools. Since then, DribbleUp’s sales have outpaced its marketing expenses. It has…
Meta shares fell about 7% in extended trading on Wednesday after the company reported lower-than-expected capital expenditures, or capex, and missed on user growth. Meta attributed its quarter-over-quarter drop in users in part to “internet disruptions in Iran.” Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: $7.31…
